Financial markets
The Reserve Bank of India (RBI) has extended market hours for call money and repo transactions to enhance the efficiency of financial markets. This change, which comes into effect from July 1 for call money and August 1 for repo and tri-party repo transactions, is aimed at aligning with the
Financial markets
Agility Public Warehousing Company K.S.C.P. has revealed a substantial development in its dividend distribution strategy for the first quarter of 2025, where the company's Board of Directors has decided to distribute in-kind dividends by granting shareholders shares in its subsidiary, Agility Global PLC, listed on
Financial markets
Moody's, the well-established credit rating agency, has reaffirmed the National Bank of Kuwait's ratings, maintaining a stable outlook for the bank. According to the announcement, the affirmation is based on NBK's consistently strong asset quality, high loan loss coverage, and robust income-generating capacity, driven
Financial markets
Moody's Corporation has fully acquired ICR Chile, a leading provider of domestic credit ratings in Chile, further solidifying its presence in Latin America's domestic credit markets. This acquisition follows the company's 2019 purchase of a minority stake in ICR and is expected to enhance
Financial markets
Brazil's Central Bank is striving to adjust its monetary policy in the face of a credit market in which many borrowers face significantly higher rates than the official benchmark, according to Nilton David, the monetary policy director. Historically high interest rates and structural problems in the credit market
Financial markets
Calgro M3 Holdings Limited has made a significant move in the financial markets by securing a listing for its CGR61 Senior Unsecured Floating Rate Notes on the Johannesburg Stock Exchange (JSE) Interest Rate Market. This listing, which went into effect on June 27, 2025, is part of the company'
Financial markets
Phoenix Aviation Capital ("Phoenix" or "the Company"), a full-service aircraft lessor managed by AIP Capital ("AIP") and a portfolio company of funds advised or controlled by affiliates of BC Partners Advisors L.P., announced the closing of its offering of $550 million of 9.
Financial markets
The Syrian Commission on Financial Markets and Securities has approved the issuance of 74 million new shares for the United Insurance Company (UIC), a decision aimed at increasing the company's share base through the utilization of retained earnings. The new shares will be valued at 100 Syrian Pounds
Financial markets
China's capital markets continue to expand their reach to foreign investors, marking another significant step in deepening the country's financial ties with the world. Qualified Foreign Institutional Investors (QFIIs) will now be allowed to trade onshore ETF options for hedging purposes, starting October 9. This move
Financial markets
The Dubai Financial Market (DFM) experienced a moderate price increase in the Chimera S and P UAE Shariah ETF - Share class B - Income on June 25, 2025, with the ETF's trading price rising to 8.060 dirhams, a 1.250% increase from its previous closing price
Financial markets
S&P Global has introduced LoanX IDs (LXIDs) to enhance interoperability and operational efficiency across the private credit markets. With over 70,000 existing LXIDs for broadly syndicated loans and credit instruments, the expansion addresses the critical need for standardized private credit identification in a landscape increasingly focused on
Financial markets
Oxley Bridge Acquisition Limited, a blank check company formed to pursue a merger or acquisition opportunity, announced the pricing of its initial public offering of 22,000,000 units at a price of $10.00 per unit. The units will consist of one Class A ordinary share and one-half of
